Prominent Chinese economist warns country’s debt becoming problem

•August 23, 2017 • 6 Comments

https://www.rt.com/business/400137-china-debt-balloon-problem/

China’s growing debt is affecting the country and the global economy, according to Charlene Chu, an influential China analyst.

“Everyone knows there’s a credit problem in China, but I find that people often forget about the scale. It’s important in global terms,”Chu said in an interview with the Financial Times.

Chu, who made her name warning of the risks from China’s credit binge, has predicted that by the end of the year, the country will accumulate $7.6 trillion worth of the so-called “bad” debt.

The comment came the day after the International Monetary Fund (IMF) warned that Chinese debt could be the reason for the next financial crisis as borrowing becomes unsustainable.

“International experience suggests that China’s credit growth is on a dangerous trajectory, with increasing risks of a disruptive adjustment or a marked growth slowdown,” the IMF report said.

The IMF said China needed three times as much credit last year to achieve the same amount of growth as in 2008.

A report in June by the Institute of International Finance (IIF) said China’s total debt was over 304 percent of GDP as of May this year.

Moreover, “the household debt-to-GDP ratio hit an all-time high of over 45 percent in the first quarter of 2017 —well above the Emerging Market average of around 35 percent,” the IIF said.

Since the 2008 financial crisis, China has become the growth engine of the global economy. The country has contributed to more than half the increase in world’s GDP in recent years.

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“Chu, who made her name warning of the risks from China’s credit binge, has predicted that by the end of the year, the country will accumulate $7.6 trillion worth of the so-called “bad” debt.”

oh yeah..china..would they lie to us?

and here it is..straight from the IMF:

“The comment came the day after the International Monetary Fund (IMF) warned that Chinese debt could be the reason for the next financial crisis as borrowing becomes unsustainable.”

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Bahrain state TV accuses Qatar of fomenting unrest in 2011

•August 23, 2017 • Leave a Comment

http://www.bbc.com/news/world-middle-east-40953906

Bahrain’s state TV channel has accused Qatar of plotting with the kingdom’s main opposition grouping to stoke anti-government unrest in 2011.

It broadcast purported recordings of telephone calls between former Qatari PM Hamad bin Jassim al-Thani and Wefaq leader Ali Salman, in which it claimed they agreed to an “escalation”.

The Bahraini public prosecutor has begun an investigation into the calls.

Bahrain, Saudi Arabia, the UAE and Egypt cut links with Qatar in June.

The four countries accuse the emirate of supporting terrorist groups and of being too close to Iran – allegations the emirate has vigorously denied.

Qatar has condemned the land, sea and air restrictions put in place by its neighbours, which have forced it to import food by sea and air to meet the basic needs of its population of 2.7 million.

The state-run Bahrain news agency reported that the purported telephone conversation between Sheikh Hamad and Ali Salman “included an agreement between the two speakers on… how to deal with the situation then so as to exacerbate it and undermine Bahrain’s interests and stability”.

“This represents a crime of exchanging intelligence information with a foreign country to jeopardize the kingdom’s national interests,” it added. “The public prosecution will announce the outcome of the investigation as soon as it is over.”

There was no immediate comment from the Qatari authorities or from Sheikh Hamad, who stepped down as prime minister and foreign minister in 2013.

Sunni-ruled Bahrain has been wracked by unrest since security forces crushed pro-democracy protests mainly led by the majority Shia community six years ago.

The king brought in troops from neighbouring Sunni-led Gulf states to end the demonstrations and restore order. The unrest left 30 civilians and five police dead.

Activists say dozens more people have been killed in clashes between protesters and security forces since then, while bomb attacks blamed on Shia militants allegedly backed by Iran have killed a number of policemen.

Sheikh Ali Salman was jailed in 2015 after being convicted of inciting hatred, promoting disobedience and insulting public institutions, while Wefaq was dissolved last year for allegedly fomenting sectarian unrest.

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“The state-run Bahrain news agency reported that the purported telephone conversation between Sheikh Hamad and Ali Salman “included an agreement between the two speakers on… how to deal with the situation then so as to exacerbate it and undermine Bahrain’s interests and stability”.

this plays into the meme very nicely..from 2011..why bring it up now?

“Bahrain, Saudi Arabia, the UAE and Egypt cut links with Qatar in June. The four countries accuse the emirate of supporting terrorist groups and of being too close to Iran – allegations the emirate has vigorously denied.”

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Trump to unveil Afghanistan war strategy

•August 23, 2017 • 1 Comment

http://www.bbc.com/news/world-us-canada-41006895

US President Donald Trump is expected to indicate later that he is sending more troops to Afghanistan, prolonging a war-weary America’s longest conflict.

In his first prime-time speech on a specific policy issue, the Republican leader will address the nation at 21:00 local time (01:00 GMT).

He said he had reached a decision after reviewing war options with his national security team at Camp David.

Mr Trump once called for a full US pullout from Afghanistan.

He announced a strategic review soon after taking office in January.

He will deliver his first major national security address at a military base next to Arlington National Cemetery, where many of the 2,200 US troops who have died fighting over 16 years of war in Afghanistan are buried.

Mr Trump is also expected to outline a more aggressive US counter-terrorism policy for Afghanistan and Pakistan.

Earlier this year, the president empowered Defence Secretary Jim Mattis to set troop levels in Afghanistan.

General John Nicholson, the top US military commander in the country, has requested some 4,000 additional US forces.

http://www.politico.com/story/2017/08/21/trump-afghanistan-241876

America’s longest war is about to get longer.

President Donald Trump on Monday pledged a new strategy in Afghanistan, while refusing to divulge troop numbers, as he said the office of the president had changed his instincts to pull out of the nearly 16-year-long war.

In a sober yet vague address, Trump laid out his rationale for continuing the foreign entanglement, despite having pledged during the campaign to end America’s engagement in wars without clear exits.

“My original instinct was to pull out, and historically I like following my instincts, but all of my life I heard that decisions are much different when you sit behind the desk in the Oval Office,” Trump said in a prime-time address to the nation from the Fort Myer military base in Arlington, Virginia. “However, our commitment is not unlimited, and our support is not a blank check. The American people expect to see real reforms and real results.”

Trump repeatedly blasted President Barack Obama for too hastily withdrawing from Iraq and for his preference for timetables in determining troop drawdowns. He promised a “dramatically” different approach to the war, with future troop levels based on conditions in the country, rather than any preset time frame.

But for Trump, whose rapid rise to the White House was built on the repeated shattering of political norms, Monday night’s address represented an acceptance of the same broad policy in the region that guided both Obama and, before him, President George W. Bush. He seemed to have accepted, grudgingly, the grim reality that American boots on the ground remain a critical ingredient to prevent a steady slide into chaos and violence.

For Obama, that lesson came in Iraq; for Trump, who takes great pride in undoing his predecessor’s work, the experience appeared to loom large.

Trump spoke in broad terms about the need for American allies, including India, to contribute to Afghanistan’s economic development, and was quick to stress the military, rather than political, goals of the war.

“We must stop the resurgence of safe havens that allow terrorists to threaten America,” Trump said. “We are not nation-building again. We are killing terrorists.”

“Our troops will fight to win” the president said. “We will fight to win. From now on, victory will have a clear definition.”

But no such clear definition was forthcoming. Trump promised “principled realism” and “strategically applied force,” and issued warnings both to militants and American allies in the region.

The announcement comes after the president and senior advisers wrestled with the decision of how to proceed for months. Trump has previously expressed deep skepticism of American military involvement abroad, but officials from Defense Secretary James Mattis to national security adviser H.R. McMaster advocated for an increased presence in Afghanistan. One of the loudest voices against such a surge, White House chief strategist Steve Bannon, was fired on Friday.

http://www.9news.com.au/world/2017/08/22/13/31/us-afghanistan-indefinitely-trump-policy-u-turn

American troops may be in Afghanistan for decades to come, according to a leading Australian academic on the subject.

President Donald Trump announced earlier today that the US military will be in Afghanistan indefinitely, with no planned withdrawal at all.

The strategy going forward would be to “fight to win,” Trump said.

“From now on, victory will have a clear definition: attacking our enemies, obliterating ISIS, crushing al-Qaeda, preventing the Taliban from taking over the country, and stopping mass terror attacks against Americans before they emerge,” he said.

The Taliban will have to get used to US soldiers constantly attacking them, Australian National University (ANU) professor John Blaxland told nine.com.au.

“The US is going to take this as the new normal, akin to what it has done in Korea and Japan and Germany, where the presence has lasted for generations,” Professor Blaxland said.

“12,000 troops can be maintained ad infinitum.”

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so..more tropps are going..maybe..we dont know the amount or when..a very vague announcement meant to be appear vague to the taliban..and the next day pakistan gets a bollocking from tillerson..this is the new plan..squeezing pakistan..

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What you need to know about the BOOK of ENOCH and the SYMBOLS of DARKNESS

•August 23, 2017 • Leave a Comment

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thanks to joelH for the link..

check it out..let me know what you think..

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Barcelona, Manchester, Berlin, Paris, Nice, London, New York: Passports and IDs always!

•August 22, 2017 • 2 Comments

http://www.globalresearch.ca/manchester-berlin-paris-nice-london-new-york-passports-and-ids-mysteriously-discovered-in-the-wake-of-terror-attacks/5592063

Reports concerning the Barcelona attack, reveal exactly the same feature of passports and IDs left behind which occurred in Manchester, Paris, Nice, London, New York, and now Barcelona (August 17, 2017) (see below).

A Spanish passport of “a person of Moroccan origin was found at the scene of the attack” according to Britain’s Daily Express.  The Spanish media reports confirm that the suspect is Spanish from the autonomous city of Melilla which has borders with Morocco. Police sources state that his identity is being used in the investigation.

The reports are notoriously contradictory: the latest Telegraph report (18/08/17) suggests that the suspect who was driving the van is 18 years old by the Name of Moussa Oukabir, and that his brother is Driss Oukabir, 28 years old and that it was his brother who rented the vehicle.

Earlier reports by El País  (August 17) stated that the alleged suspect 28-year-old Driss Oukabir, had been arrested by the Police, while El Nacional reported that the suspect:

“presented himself at a Catalan police station in Ripoll to deny having any involvement in this afternoon’s attack. He claims his ID was stolen and used by the terrorists to rent one of the vans used for the attack.

Local sources, confirmed by the town’s mayor, Jordi Munell, have said that the young man, who lives in Ripoll, attended the police station to deny any involvement in the events” (Daily Express, August 17, 2017)

The report below suggests that the passport discovered in the van provided a lead to “the Alcanar house where bombs were being prepared”. Allegedly the passport was found in the van used for the attack in “an accidental explosion that took place on Thursday morning in the town of Tarraconense.  This finding allowed linking the terrorist attack in Barcelona with a wounded in the Alcanar accident”.

Source El Diario 

Michel Chossudosky, August 18, 2017

Text of earlier article published by Global Research on May 17, 2017 in the wake of the Manchester attack

This article reviews the “mysterious” phenomenon of IDs and Passports of terror suspects routinely discovered (often in the rubble) in the wake of a terrorist attack.

In most cases the alleged suspect was known to the authorities.

Is there a pattern?  The ID papers of the suspect are often left behind, discovered by police in the wake of a terrorist attack.

According to government and media reports, the suspects are without exception linked to an Al Qaeda affiliated entity.   

None of these terror suspects survived. Dead men do not talk. 

In the case of the tragic events in Manchester, the bankcard of the alleged suicide bomber Salman Abedi was found in his pocket in the wake of the explosion. 

Legitimacy of the official stories? The UK is both a “victim of terrorism” as well as a “State sponsor of terrorism”. Without exception, the governments of  Western countries which are victims of terror attacks, have supported, directly or indirectly, the Al Qaeda group of terrorist organizations including the Islamic State (ISIS), which are allegedly responsible for waging these terror attacks. Amply documented Al Qaeda is a creation of the CIA. 

Below is a review of the circumstances and evidence pertaining to passports and IDs discovered in the wake of selected terror attacks, with links to Global Research articles and media reports (2001-2017). (This list is by no means exhaustive)

From NYC on 9/11 to Manchester, May 2017

In reverse chronological order

emphasis added

The Manchester Terror Attack,  May 2017.

Manchester Bomb Suspect Said to Have Had Ties to al Qaeda …

NBCNews.comMay 23, 2017 MANCHESTER, England — Salman Abedi, the 22-year-old British man … in a suicide-bomb attack, had ties to al Qaeda and had received terrorist training … was identified by a bank card found in his pocket at the scene of the ...

Manchester Attack as MI6 Blowback?

By Evan Jones, May 26, 2017

A bankcard has been conveniently found in the pocket of the … Daesh has claimed responsibility for the Manchester attack, but without …”

No image of the alleged bankcard is available.

Ironically, the suspect Abedi was first identified by Washington rather than UK police and security. How did they know who was the culprit 3 hours after the explosion? According to Graham Vanbergen:

In the early hours of the morning of the 23rd May – approximately 02.35BST   NDTV via the Washington Post stated quite categorically that:

“U.S. officials, speaking on the condition of anonymity, identified the assailant as Salman Abedi. They did not provide information about his age or nationality, and British officials declined to comment on the suspect’s identity.

This was published at a time when British police and security services were refusing to make any statements as to who they thought the perpetrators were because at the time, they were dealing with the immediate aftermath of the event.

Berlin Truck Terror Attack, December 2016.

The Berlin Truck Terror Suspect and the Curious Matter of ID Papers Left Behind

By WhoWhatWhy, December 22, 2016

The Berlin Truck Terror Suspect and the Curious Matter of ID Papers Left Behind. By WhoWhatWhy. Global Research, December 22, 2016. Who What Why 21 ….:

The suspect’s identity papers were found inside the truck used in Monday’s attack on a Christmas market, which left 12 people dead, German security officials said.

The suspect was known to German security services as someone in contact with radical Islamist groups, and had been assessed as posing a risk, Interior Minister of North Rhine-Westphalia Ralf Jaeger told reporters.

Berlin Truck Attack

Source: Daily Mail, July 15, 2016

The Nice Terror Attack July 2016 

The Nice Terror Attack: Towards a Permanent State of Martial Law in … the alleged perpetrator is dead and conveniently left behind his ID.

Nice, 14th of July Massacre: Towards Martial Law? The Islamic State (ISIS-Daesh) Claims Responsibility?

By Peter Koenig, July 15, 2016

According to Peter Koenig in relation to the Nice terror attack:

During last night’s celebration of the French National Holiday, around 11 PM, a speeding truck plowed into a crowd of thousands who were watching the fireworks along the Mediterranean Boulevard Anglais. The driver of the truck, was simultaneously and  indiscriminately shooting into the crowd. He was able to run for 2 kilometers before being stopped by police, which instantly shot and killed him.

A horrendous terror attack, killing hordes of people, spreading pain, misery, fear and outrage in France, Europe – the world over.All indications signal the Big Script of yet another false flag; yet again in France.

The young truck-driver was identified as a 31-year-old Frenchman, resident of Nizza, with Tunisian origins. As in previous cases, ‘coincidence’ has it that his identity papers were found in the truck.

The young man is instantly killed by the police. Dead people cannot talk. A pattern well known by now.

Paris Charlie Hebdo Terror Attack, January 2015

Police found the ID of Said Kouachi at the Scene of the Charlie Hebdo Shooting. Does this Sound Familiar?

By Dr. Paul Craig Roberts, January 10, 2015  

“According to news reports, police found the ID of Said Kouachi at the scene of the Charlie Hebdo shooting. Does this sound familiar? Remember, authorities claimed to have found the undamaged passport of one of the alleged 9/11 hijackers among the massive pulverized ruins of the twin towers.”

Paris Bataclan Terror Attack, November 2015

The Paris Terror Attacks and 911: Similar “Evidence” Makes it Suspicious

By Timothy Alexander Guzman, November 20, 2015 

The Islamic State (ISIS/ISIL) declared that it was responsible for the latest attacks in Paris as did Al-Qaeda who also claimed responsibility for 911. … However, there are similarities between the terror attacks in Paris and New York City on September 11th.

First, Syrian and Egyptian passports from two of the suicide bombers were found at the scene of the stadium attack in the northern part of the city. After both suspected terrorists detonated their explosive devices, their passports were still found.

This brings us back to the September 11th terror attacks where U.S. officials recovered a passport intact a few blocks from t
he World Trade Center
 which did belong to one of the hijackers,

In the context of the enquiry about the Paris massacres, a Syrian passport (image right) was found next to one of the kamikaze bombers of Stade de France. After being pointed out as responsible for the attacks by President Hollande, ‘the Islamic State’ claimed that they had engineered the onslaught. The French executive, that had already stated tht they wanted to take action in Syria allegedly against ISIS, but actually against Bachar El Assad, who ‘has to go’, sees in this a significant clue that comfort their military expedition.

London 7/7 Terror attack, July 7, 200

On Tuesday, July 12th, Lindsay’s wife Samantha Lewthwaite had called police to report her husband Germaine (“Jamal”) missing.  Police searched their home immediately. The next day, on July 14th, police announced that they had Lindsay’s ID and he was the fourth bomber. Lewthwaite was incredulous and refused to believe the accusation without DNA proof.  The police identification was stunning because they had been claiming that all of the suspects looked Pakistani; there was no way anyone could mistake the big, black Lindsay for an Asian. What had police been looking at?

9/11 Terror Attacks: September 11, 2001

Was America Attacked by Muslims on 9/11?

By David Ray Griffin, September 11, 2016

9/11 Truth and the Joint Congressional Inquiry: 28 Pages of Misdirection on the Role of Saudi Arabia

By Dick Atlee and Ken Freeland, September 11, 2015

For years the 9/11 Truth movement (9TM) has been vainly pleading with ….. FBI agent Dan Coleman explains how the passport of 9/11 hijacker …

9/11 Contradictions: Mohamed Atta’s Mitsubishi and His Luggage

By David Ray Griffin, May 09, 2008

9/11 Contradictions: Mohamed Atta’s Mitsubishi and His Luggage … It also contained a Saudi passport, an international driver’s license, …

In the official version for 9/11 the FBI claimed that they found the unscathed passport of one of the pilots near one of the towers that were reduced to ashes by explosions whose heat melted even the steel columns in the buildings’ structure. The fourth plane’s crash near Shanksville also yielded a passport which, though scorched, still made it possible to read the person’s first name and surname and to see his ID photo. This is all the more disturbing as nothing at all was left in the crater, no part of the plane or of the people travelling in it, only this partly scorched passport.

Confirmed by Dan Rather CBS News, “a passerby found the passport of one of the hijackers” on the street just hours after the 9/11 attacks. (Video at 1′.23″)

According to Who What Why:

The Visa of Satam al-Suqami: This identify document of one of the alleged 9/11 hijackers somehow survived unscathed a few blocks from the twin towers, though the plane itself was virtually obliterated.

The Passports belonging to Ziad Jarrah and Saeed al-Ghamdi: The passports of two alleged hijackers of United Airlines Flight 93 supposedly survived the fiery crash in Pennsylvania that left the aircraft itself charred and widely scattered—with one passport entirely intact.

Food for thought?

Can we believe the official narrative of HM government?

No questions asked. Can we believe the Western media?

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nothing for me to add..read the article..its always the same pattern..and thats not how things work in a chaotic world..so it has to be controlled..it all starts with 9/11 and the “magic” passport..

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China’s secret threat to Australia’s Antarctic claim

•August 22, 2017 • 1 Comment

http://www.news.com.au/world/chinas-secret-threat-to-australias-antarctic-claim-report-reveals/news-story/d88ca4389f7d621f5b50d529954de68d

AUSTRALIA must wise up to secret Chinese military activities and the threat of a land grab for resources in Antarctica, a report warns.

Research from defence think tank the Australian Strategic Policy Institute says Australia’s leadership role is being eroded because of long-term under-investment at a time when other countries are expanding their presence and influence in the region.

“China has conducted undeclared military activities in Antarctica, is building up a case for a territorial claim, and is engaging in minerals exploration there,” the report says.

“The calculation that the Australian government has long made in short-changing Antarctic affairs in order to boost activities up north is looking increasingly risky.” China has ceased being a minor player in the polar regions and is becoming a major actor as a result of a huge budget increase in the past decade. Beijing is operating two icebreakers down south and has a third under construction. The report, by Anne-Marie Brady, noted three out of four of China’s Antarctic bases and two of its field camps are in the Australian Antarctic Territory. Australia’s territorial claim in Antarctica spans 42 per cent of the continent. The report warns China’s expanding presence in Antarctica is aimed at angling for resources including minerals, hydrocarbons, fishing, tourism, transport routes, water and bioprospecting.

“China has never stopped exploring Antarctic mineral resources, despite the requirements of the Madrid Protocol,” the report said.

Exploration activities have stepped up since 2012 including preliminary surveys of coal reserves and investigations of undersea metal deposits. It’s in Australia’s national interest that Antarctica remains free from military competition, the report argues.

But in recent years China has frequently failed to accurately report the extent of its military’s activities in Antarctica as well as defence use of some of its scientific projects there, which is a breach of the Antarctic Treaty. “China regards Antarctica as a useful laboratory for preparing for an advanced space program,” the report says.

“The engineering needed to build a modern research station in Antarctica can be applied in many other extreme environments, including space.” Australia needed to urgently look at its funding priorities in Antarctica to protect its interests and encourage the Chinese to be more transparent about their polar policies.

“With careful diplomacy, a clear-headed strategy and leadership, and strategic investments in capacity, Australia can better manage its economic and political relationship with China while protecting its own national interests in Antarctica,” the report said.

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“China has conducted undeclared military activities in Antarctica, is building up a case for a territorial claim, and is engaging in minerals exploration there,” the report says. “The calculation that the Australian government has long made in short-changing Antarctic affairs in order to boost activities up north is looking increasingly risky.”

maybe..but not really that much..

“China regards Antarctica as a useful laboratory for preparing for an advanced space program,” the report says.”

think tanks..who do they work for?

“Research from defence think tank the Australian Strategic Policy Institute says Australia’s leadership role is being eroded”

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SpaceX launches supercomputer toward International Space Station

•August 22, 2017 • 1 Comment

http://money.cnn.com/2017/08/14/technology/spacex-nasa-supercomputer/index.html

A spacecraft is on its way to deliver one of the most high-tech payloads ever to the International Space Station.

About ten minutes after launching from Kennedy Space Center in Florida on Monday, a Dragon spacecraft separated from SpaceX’s Falcon 9 rocket — beginning its two-day trek through orbital space to the space station.

Cargo missions are always packed with some interesting payloads — typically several tons of experimental equipment, food and other provisions.

This mission will also deliver something the space station has never seen before: A supercomputer built by Hewlett Packard Enterprise, (HPETech30) dubbed the “Spaceborne Computer.”

If it works, it could be the most powerful commercial computer ever to operate in space.

Astronauts aboard the space station already have a bunch of devices you’d find at your local electronics store — including HP laptops.

But a supercomputer is something different. It’s a much more powerful piece of hardware that can crunch massive amounts of data and send the results to other computers in just moments.

According to Mark Fernandez, the HPE engineer who is heading up this new experiment, the space-bound supercomputer will have the ability to make one trillion calculations in a single second — about 30 to 100 times more powerful than your average desktop computer.

Julie Robinson, the chief scientist for NASA’s space station program, said that if this supercomputer can function in the harsh conditions of space, it will be very exciting news for companies down here on earth.

Robinson points out that a huge point of interest for the private sector is taking high-quality satellite images of earth in order to track things like crop growth or oil exploration.

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thanks to maria for the link..

“This mission will also deliver something the space station has never seen before: A supercomputer built by Hewlett Packard Enterprise, (HPETech30) dubbed the “Spaceborne Computer.” If it works, it could be the most powerful commercial computer ever to operate in space.”

must be a very special computer..

“the space-bound supercomputer will have the ability to make one trillion calculations in a single second — about 30 to 100 times more powerful than your average desktop computer.”

hidden technology?

401

 
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